There were 406 press releases posted in the last 24 hours and 171,452 in the last 365 days.

American Airlines Group Reports Record April Traffic Results

/EIN News/ -- FORT WORTH, Texas, May 09, 2017 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) today reported April and year-to-date 2017 traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) were a record 18.6 billion, up 3.1 percent versus April 2016. Total capacity was 22.6 billion available seat miles (ASMs), up 0.8 percent versus April 2016. Total passenger load factor was 82.2 percent, up 1.8 percentage points versus April 2016.

The Company expects its second quarter 2017 total revenue per available seat mile (TRASM) to be up approximately 3.5 percent to 5.5 percent year-over-year. In addition, the Company expects its second quarter pre-tax margin1 excluding special items to be between 12 percent and 14 percent. TRASM has improved from prior guidance of up between 3.0 percent and 5.0 percent and pre-tax margin has improved from prior guidance of 11 percent to 13 percent due primarily to improving yields and lower estimated fuel prices.

The following summarizes American Airlines Group traffic results for the month ended April 30, 2017, and April 30, 2016, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.

1. American is unable to reconcile certain forward-looking projections to GAAP as the nature or amount of special items cannot be determined at this time

                     
  American Airlines Group Traffic Results      
    April     Year to Date  
    2017 2016 Change     2017 2016 Change  
       
Revenue Passenger Miles (000)      
  Domestic 10,313,044 10,395,534 (0.8 ) %   39,843,461 40,786,063 (2.3 ) %
  Atlantic 2,449,858 2,165,453 13.1   %   6,949,687 6,966,610 (0.2 ) %
  Latin America 2,550,016 2,454,699 3.9   %   10,039,891 10,509,077 (4.5 ) %
  Pacific   1,249,979   978,650 27.7   %     4,940,364   3,952,870 25.0   %
  International   6,249,853   5,598,802 11.6   %     21,929,942   21,428,557 2.3   %
  Mainline  16,562,897 15,994,336 3.6   %   61,773,403 62,214,620 (0.7 ) %
  Regional   2,026,366   2,034,438 (0.4 ) %     7,799,370   7,585,050 2.8   %
  Total Revenue Passenger Miles   18,589,263   18,028,774 3.1   %     69,572,773   69,799,670 (0.3 ) %
               
Available Seat Miles (000)              
  Domestic 12,076,078 12,276,157 (1.6 ) %   47,880,621 48,819,072 (1.9 ) %
  Atlantic 3,032,828 3,064,560 (1.0 ) %   9,448,222 9,957,702 (5.1 ) %
  Latin America 3,279,005 3,229,969 1.5   %   13,053,478 13,710,201 (4.8 ) %
  Pacific   1,565,678   1,209,183 29.5   %     6,134,903   4,856,996 26.3   %
  International   7,877,511   7,503,712 5.0   %     28,636,603   28,524,899 0.4   %
  Mainline  19,953,589 19,779,869 0.9   %   76,517,224 77,343,971 (1.1 ) %
  Regional   2,649,605   2,644,894 0.2   %     10,427,440   10,144,529 2.8   %
  Total Available Seat Miles   22,603,194   22,424,763 0.8   %     86,944,664   87,488,500 (0.6 ) %
               
Load Factor (%)              
  Domestic 85.4 84.7 0.7   pts 83.2 83.5 (0.3 ) pts
  Atlantic 80.8 70.7 10.1   pts 73.6 70.0 3.6   pts
  Latin America 77.8 76.0 1.8   pts 76.9 76.7 0.2   pts
  Pacific 79.8 80.9 (1.1 ) pts 80.5 81.4 (0.9 ) pts
  International 79.3 74.6 4.7   pts 76.6 75.1 1.5   pts
  Mainline  83.0 80.9 2.1   pts 80.7 80.4 0.3   pts
  Regional 76.5 76.9 (0.4 ) pts 74.8 74.8 -   pts
  Total Load Factor 82.2 80.4 1.8   pts 80.0 79.8 0.2   pts
                   
Enplanements                  
  Mainline 12,067,203 11,870,487 1.7   %   45,822,268 46,417,485 (1.3 ) %
  Regional   4,466,202   4,531,972 (1.5 ) %     17,071,499   16,899,537 1.0   %
  Total Enplanements 16,533,405 16,402,459 0.8   %   62,893,767 63,317,022 (0.7 ) %
                   
System Cargo Ton Miles (000) 226,665 202,473 11.9   %   845,826 745,889 13.4   %
           
Notes:       
1 ) Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.  
2 ) Latin America numbers include the Caribbean.      
3 ) Regional includes wholly owned subsidiaries and operating results from capacity purchase carriers.  

About American Airlines Group

American Airlines and American Eagle offer an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. American is a founding member of the oneworld® alliance, whose members serve more than 1,000 destinations with about 14,250 daily flights to over 150 countries. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its stock joined the S&P 500 index. Connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines

Cautionary Statement Regarding Forward-Looking Statements and Information

Certain of the statements contained in this report should be considered forward-looking statements within the meaning of the Securities Act of 1933, as amended (the Securities Act), the Securities Exchange Act of 1934, as amended (the Exchange Act), and the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,” “forecast” and other similar words. Such statements include, but are not limited to, statements about the expected second quarter pre-tax margin, the expected change in total revenue per available seat mile, statements about our plans, objectives, expectations, intentions, estimates and strategies for the future, and other statements that are not historical facts. These forward-looking statements are based on our current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017 (especially in Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and Part II, Item 1A. Risk Factors), and in our other filings with the Securities and Exchange Commission (the SEC), and other risks and uncertainties listed from time to time in our other filings with the SEC. There may be other factors of which we are not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. We do not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statements.

Corporate Communications
817-967-1577
mediarelations@aa.com 

Investor Relations
817-931-3423
investor.relations@aa.com 

Primary Logo

Distribution channels: Aviation & Aerospace Industry